Monsanto To Sprout in Central America

[Judi Lynn]

Source: Forbes

Monsanto To Sprout in Central America
Melinda Peer, 06.19.08, 4:20 PM ET

Monsanto's latest acquisition plants its seed business in Central America, where the company foresees abundant growth once it receives regulatory approvals to plant genetically-modified crops.

Genetically-modified crops are currently only allowed in Honduras but that looks to change as governments become increasingly concerned about global food supply (See: U.N. Meets On Global Food Crisis). On May 29, the U.N.'s Food and Agriculture Organization called for a reconsideration of genetically-modified crops, which have been banned by most governments (See: Food Crisis Spurs Calls For More Research).



Read more: http://www.forbes.com/markets/2008/06/19/marmot-monsanto-acquisition-markets-equity-cx_mp_0619markets35.html?feed=rss_markets